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The following information relates to Home Depot, Inc., and Lowe's Companies, Inc. for their 2018 and 2017 fiscal years. HOME DEPOT, INC. Selected Financial

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The following information relates to Home Depot, Inc., and Lowe's Companies, Inc. for their 2018 and 2017 fiscal years. HOME DEPOT, INC. Selected Financial Information (amounts in millions, except per share amounts) Total current assets Merchandise inventory Property and equipment, net of depreciation Total assets Total current liabilities Total long-term liabilities Total liabilities Total shareholders' equity Revenue Cost of goods sold Gross profit Operating income Earnings from continuing operations before income tax expense Income tax expense Net earnings Basic earnings per share January 28, 2018 $ 18,933 12,748 January 29, 2017 $ 17,724 12,549 22,075 21,914 44,529 42,966 16,194 14,133 26,881 24,500 43,075 38,633 1,454 4,333 100,904 94,595 66,548 62,282 34,356 32,313 14,681 13,427 13,698 12,491 5,068 8,630 4,534 7,957 $ 7.33 $ 6.47 LOWE'S COMPANIES, INC. Selected Financial Information (amounts in millions except per share data) February 2, 2018 February 3, 2017 Total current assets Merchandise inventory Property and equipment, net of depreciation Total assets Total current liabilities $ 12,772 $ 12,000 11,393 10,458 19,721 19,949 35,291 34,408 12,096 11,974 Total stockholders' equity Cost of goods sold Gross profit Operating income Income tax expense Net earnings Basic earnings per share Total long-term liabilities Total liabilities Revenues 17,322 16,000 29,418 27,974 5,873 6,434 68,619 65,017 45,210 42,553 23,409 22,464 6,586 5,846 Earnings from continuing operations before income taxes 5,489 5,201 2,042 2,108 3,447 3,093 $ 4.09 $ 3.48 Required Compute the following ratios for the companies' 2017 fiscal years (years ending in January and February of 2018): (Use 365 days in a year. Do not round intermediate calculations. Round "Current ratio" to 2 decimal places and "Average days" to nearest whole number. Round all other answers to 1 decimal place.)

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